In Bolivia, for the first time in 23 years, discovered a new oil field – Kommersant

                             
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Bolivian President Evo Morales said that in the country for the first time in 23 years was discovered a new oil field. It is located in the department of Santa Cruz and has at least 28 million barrels per day. 4 Boqueron field will triple reserves of “black gold” of the country and bring the budget to about $ 1.7 billion. Its operation is to begin in 2017, Tass reports.

It is noted that Boqueron 4 open oil company YPFB Andina, 51% of which is owned by the state, and 48% of the Spanish Repsol. The remaining 1% is in the hands of minority investors. According to Mr. Morales’ nationalization of hydrocarbons without the same results can not be achieved. ” He added that “in 2013, oil reserves in Bolivia accounted for only 16 million barrels”, and now reach 44 million barrels.